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/biz/ - Business & Finance

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24760558 No.24760558 [Reply] [Original]

Why don't companies give raises anymore?

>> No.24760579

they do. It's called changing a company

staying for long is a scam

>> No.24760590

>>24760558
Where are you from?
I ask for one every 6 month on the dot and usually get one.

>> No.24760624

>>24760579
But that means I would have to uproot myself. Move from place to place live as a drifter.

>> No.24760637

>>24760558
I just got a raise from 140k to 165k

>> No.24760657

>>24760558
Same reason they don't provide job training and poach employees from each other endlessly

looks better on reports to have no line item for raises or training, its basic optimization

>> No.24760662

>>24760624
>rooting yourself

never gonna make it chud

>> No.24760671

>>24760558
Modern accounting theory sees payroll (labor costs) as something to be minimized whenever possible to improve profit because they see human resources / talent as entirely fungible (even though it absolutely isn't). Supervisors do a bad job of communicating this up the chain to the people who actually decide if raises are allowed or not, so the only time human talent is valuated is at hiring, which is why the accepted way to improve one's pay is to jump companies and get their talents/experience revaluated during the hiring process.

They literally teach this shit in business schools and nobody from industry has bothered to tell the academics to stop teaching bad shit to students. Everyone's too busy trying to scam organizations for personal benefit.

>> No.24760738

>>24760671
This is very true.
The shit they teach in college these days is appalling. But it’s also the reason lots of businesses fail.

>> No.24760808

>>24760558
The old days are gone anon.
You will embrace the new normal.
You will eat the bugs.

>> No.24760841

>>24760738
I know an econ major who swore he was going to get rich during peak corona from a short term stock investment scheme. He's now 100k in the hole and hasn't even graduated (top 3 university in Aus).

>> No.24760888

>>24760841
Econ majors are a special kind of stupid unless they're aware that the entire field is a scam and work hard to get a job at a think tank doing fluff pieces to justify economic policies that benefit politicians' personal interests. The proof of this is simple: if Economics was a valid science, all economists would be rich.

>> No.24761004

>>24760888
Yeah, it's one of those majors where you are not really sure what they're actually learning, like anthropology or communications. Watching them crash and burn in the real world is funny though, in a way.

>> No.24761092

>>24760558
You VILL not get paid
You VILL eat ze bugz
You VILL wear ze mask
You VILL drink ze pee per
You VILL own nussing
And you VILL be happi

>> No.24761122

>>24760558
just eat the bugs and well give you a raise

>> No.24761163
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24761163

>>24760558
EAT YOUR BUGS AND PAY YOUR TAXES GOY

>> No.24761182

the government is fucking you over Jill

>> No.24761185

>>24760558
U WILL RENT EVERYTHING AND BE REPLACED BY INDIANS AND NIGGERS AND YOU WILL THANK THEM AND BE HAPPY FOR THE PRIVILEGE

>> No.24761535

>>24760662
i don't want to be a rootless tribesman

>> No.24761590

>>24760558
raise? Try just doing more for the same pay. Even if economic issues don't affect a company they all hide behind them. Happened at a place I worked in the recession. It wasn't even fucking affected yet they fired half the place. I'm starting to become convinced we'll never have a long lasting feelgood economy just because then companies would have to acknowledge that they aren't in hard times.